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Board approves $100M General Obligation Bond issuance (Measure B, Series C)

Financial

What happened

The Board approved Resolution No. 2025-2026.58 authorizing issuance and sale of Measure B (Election of 2022) General Obligation Bonds, Series C, in an amount not to exceed $100 million to fund District facilities projects.

Why it matters to families

This finalizes a major new debt issuance that will fund large facilities projects and affects long-term district financial obligations and local property taxes.

The evidence

Minutes: 'Motion to approve Resolution No. 2025-2026.58 – Authorizing the Issuance and Sale of Election of 2022 General Obligation Bonds, Series C... MOTION APPROVED.'

The source

Approved board meeting minutes

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